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Illinois · Public charity

World Business Chicago

WORLD BUSINESS CHICAGO is the city of chicago's public-private economic development agency. Our mission is to drive inclusive economic growth and job creation, support business, and promote chicago as a leading global city.

$28k
Granted FY2024(still arriving)
1
Itemized grants FY2024
14
Organizations funded FY2023
100%
First-time grantees FY2023
Read the full brief
Itemized, FY2024
$25k
The rest is grants the schedule does not break out
Median grant, FY2024
$25,000
Largest grant, FY2024
$25,000
Organizations funded a year
5 to 14
FY2017 to FY2023
States reached, FY2024
1
Total assets, FY2024
$12M

How open it is to new grantees

In FY2023, 100% of the organizations World Business Chicago funded were first-time grantees, receiving 100% of its grant dollars.

New vs renewed · share of each year

In FY2023, 0% of grant dollars renewed an existing relationship; $445k went to new ones.

50%100%’18’20’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’20’21’22’23
EducationCommunity ImprovementHousing & ShelterEmploymentInternationalFood & NutritionOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving1$25k0%
FY202314$445k100%
FY20227$369k86%
FY202114$1.3M100%
FY20205$1.0M40%
FY20188$1.9M50%
FY201710$1.1Mn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Community Improvement$4.6MPublic Benefit$600kEmployment$532kEducation$235kHousing & Shelter$75kArts & Culture$70kPublic Safety & Disaster$30kInternational$18kOther$0

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Bunker Labs Nfp Inc$745,00034%
Future Founders Foundation$670,000344%
Bethel New Life Inc$645,000310%
The Magnificent Mile Association$506,178122%
City of Chicago$500,0001n/a
Chicago Regional Growth Corporation$433,237143%
Blue 1647 Nfp$318,7502n/a
Allies for Community Business Inc$261,80013%
Chicago Loop Alliance Foundation$192,000229%
Chicago Cook Workforce Partnership$151,79010%
Show all 49 grantees
All grantees of World Business Chicago by total granted
GranteeTotal grantedYearsShare of their budget
Bunker Labs Nfp Inc$745,00034%
Future Founders Foundation$670,000344%
Bethel New Life Inc$645,000310%
The Magnificent Mile Association$506,178122%
City of Chicago$500,0001n/a
Chicago Regional Growth Corporation$433,237143%
Blue 1647 Nfp$318,7502n/a
Allies for Community Business Inc$261,80013%
Chicago Loop Alliance Foundation$192,000229%
Chicago Cook Workforce Partnership$151,79010%
Chicagoland Entrepreneurial Center$150,00012%
Women's Business Development Center$125,00013%
Inner-City Computer Stars Foundation$100,00016%
Civic Consulting Alliance$100,00012%
Skills for Chicago$100,00011%
Ui Labs Inc$100,00010%
Illinois Arts Alliance$80,54813%
The Michaels Develp Co I LP$70,0001n/a
University of Illinois Foundation$50,00020%
Greater Chicago Food Depository$50,00010%
Scalelit Fka Chicago Citywide Literacy Coalition$50,00014%
Onechicagofund$50,00013%
Chicago Community Foundation$50,0001n/a
Coalition for a Better Chinese American Community Cbcac$48,000112%
The Cara Program$30,00010%
Back of the Yards Neighborhood Council$30,00011%
Celadon Construction Corporation Nfp$25,0001n/a
Dl3 Realty Advisors LLC$25,0001n/a
Booth Hansen Ltd$25,0001n/a
Brooks Scarpa Arch Inc$25,0001n/a
Seek Design & Architecture Pllc$25,0001n/a
The Community Builders Inc$25,00010%
John Ronan Architect LLC$25,0001n/a
Preservation of Affordable Housing Inc$25,00010%
Citizens Bldng a Better Comm LLC$25,0001n/a
Elizabeth L Carter Esq LLC$25,0001n/a
LaSalle Street Revival$25,000125%
Grainne Sculpture Maintenance Endowment Nfp$20,0681n/a
Valerio Dewalt Train Associates Inc$15,0001n/a
Puerto Rican Cultural Center$15,00010%
Chicago Blend Group Inc$12,50015%
Municipo Autonomu De Comerio$10,0001n/a
Help Heroes of Ukraine Inc Nfp$10,00010%
Municipio De Loiza$10,0001n/a
Socialworks$10,00012%
Somebody Help US Alguien Ayudenos Inc$10,00013%
Latent Design Corporation$10,0001n/a
Revived Soldiers Ukraine$7,50010%
Westside Health Authority$7,3651n/a

Plus 1 recipient with no EIN on record ($35k), not named here.

Where it is load-bearing

World Business Chicago supplied at least a quarter of the budget for 4 of its grantees at some point. The chart plots its 31 largest grantees; load-bearing ones sit top left.

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetBunker Labs Nfp Inc: $745,000 over 3y, 4.0% of budgetFuture Founders Foundation: $670,000 over 3y, 44% of budgetBethel New Life Inc: $645,000 over 3y, 10% of budgetThe Magnificent Mile Association: $506,178 over 1y, 22% of budgetChicago Regional Growth Corporation: $433,237 over 1y, 43% of budgetAllies for Community Business Inc: $261,800 over 1y, 2.9% of budgetChicago Loop Alliance Foundation: $192,000 over 2y, 29% of budgetChicago Cook Workforce Partnership: $151,790 over 1y, 0.2% of budgetChicagoland Entrepreneurial Center: $150,000 over 1y, 1.7% of budgetWomen's Business Development Center: $125,000 over 1y, 3.0% of budgetInner-City Computer Stars Foundation: $100,000 over 1y, 5.8% of budgetCivic Consulting Alliance: $100,000 over 1y, 2.4% of budgetSkills for Chicago: $100,000 over 1y, 1.1% of budgetUi Labs Inc: $100,000 over 1y, 0.1% of budgetIllinois Arts Alliance: $80,548 over 1y, 3.5% of budgetUniversity of Illinois Foundation: $50,000 over 2y, 0.0% of budgetGreater Chicago Food Depository: $50,000 over 1y, 0.0% of budgetScalelit Fka Chicago Citywide Literacy Coalition: $50,000 over 1y, 3.9% of budgetOnechicagofund: $50,000 over 1y, 2.8% of budgetCoalition for a Better Chinese American Community Cbcac: $48,000 over 1y, 12% of budgetThe Cara Program: $30,000 over 1y, 0.2% of budgetBack of the Yards Neighborhood Council: $30,000 over 1y, 0.6% of budgetThe Community Builders Inc: $25,000 over 1y, 0.0% of budgetPreservation of Affordable Housing Inc: $25,000 over 1y, 0.0% of budgetLaSalle Street Revival: $25,000 over 1y, 25% of budgetPuerto Rican Cultural Center: $15,000 over 1y, 0.2% of budgetChicago Blend Group Inc: $12,500 over 1y, 4.7% of budgetHelp Heroes of Ukraine Inc Nfp: $10,000 over 1y, 0.1% of budgetSocialworks: $10,000 over 1y, 1.9% of budgetSomebody Help US Alguien Ayudenos Inc: $10,000 over 1y, 2.8% of budgetRevived Soldiers Ukraine: $7,500 over 1y, 0.1% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 31.

Nonprofits that may fit its grantmaking

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

The Chicago Community TrustIL25.4× affinity17 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Chicago Community Trust · John D and Catherine T Macarthur Foundation · The Coleman Foundation Inc · Robert R McCormick Foundation · Polk Bros Foundation Inc · Circle of Service Foundation · United Way of Metropolitan Chicago Inc · Chicago Cook Workforce Partnership · Tides Foundation · Field Foundation of Illinois · The Allstate Foundation · Lloyd a Fry Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare World Business Chicago with peer funders

About World Business Chicago

How much does World Business Chicago give?
World Business Chicago reported 1 itemized grants totaling $25,000, out of $27,585 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 5 and 14 organizations a year over FY2017 to FY2023.
What does World Business Chicago fund?
By grant dollars over FY2017 to FY2024, its largest causes are Community Improvement (74%), Public Benefit (10%), Employment (9%).
Who are World Business Chicago's largest grantees?
By total granted over FY2017 to FY2024: Bunker Labs Nfp Inc ($745k), Future Founders Foundation ($670k), Bethel New Life Inc ($645k).
Does World Business Chicago fund new organizations?
In FY2023, 100% of the organizations it funded were first-time grantees.
Which funders back the same organizations as World Business Chicago?
Its strongest co-funders, measured against what their size predicts, include The Chicago Community Trust, John D and Catherine T Macarthur Foundation, The Coleman Foundation Inc.
Where is World Business Chicago based?
World Business Chicago is based in IL.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 51 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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